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YP Names McKinsey Exec as Chief Strategy and Corporate Development OfficerJul 01, 2013 (Close-Up Media via COMTEX) -- YP, a local search, media and advertising company, announced that Patrick Moore has joined its team as Chief Strategy and Corporate Development Officer, following a 10+ year tenure at global management consulting firm McKinsey & Company. According to a release, Moore is responsible for strategic planning including identifying new market opportunities for growth and expansion. The addition of Moore reflects YP's aggressive plan for long term growth. "Over the past year we've been focused on investing in critical areas of technology to accelerate the innovation of new digital products and services for our customers," said David Krantz, CEO of YP. "Patrick's experience driving growth and operating performance across a diverse group of consumer brands is a great addition to the team as we guide YP's efforts to seamlessly connect purchase motivated consumers with local merchants." Previously, as a partner in McKinsey & Company's Consumer Practice, the Company said Moore focused on strategy development, partnering with businesses across a range of industries, including Consumer Packaged Goods, Retail, Consumer Durables, Hospitality, Private Equity and Telecom. He also co-led the Consumer Digital Excellence initiative at McKinsey in North America, spanning online, e-commerce, and multichannel initiatives. "The combination of YP's digital platform, consumer reach, sales force and hundreds of thousands of advertiser relationships, puts us in a strong position to shape the future of online and mobile advertising," said Moore. "From extending our leadership in connecting merchants with mobile consumers to tapping into emerging markets, this is a quickly growing and changing industry with many opportunities for YP to explore and take an even bigger leadership role." As YP accelerates growth of its digital business and builds on its role in the mobile ad market, Moore joins other recent additions to the YP leadership team including former AOL executive David Lebow who leads the company's new National Markets Group as SVP and GM, and information technology veteran, Tyler Best, who joined YP as CIO in late 2012. In its latest ranking, PaidContent.org named YP among the digital media companies based on annual Internet revenue. Earlier this month, the company was ranked as one of the top companies in mobile ad revenue by eMarketer. On the Internet, YP's flagship website, YP.com, is ranked among the top 40 most visited web domains in the U.S. by comScore. ((Comments on this story may be sent to [email protected])) |